American Law and Economics Review

1999 - 2009

Edited by Hon. Richard A. Posner

from Oxford University Press
Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
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Bankruptcy: Past Puzzles, Recent Reforms, and the Mortgage Crisis pp. 1-23: Michelle J. White
The Impact of Legalized Abortion on Teen Childbearing pp. 24-46: Steven D. Levitt
Convictions versus Conviction Rates: The Prosecutor's Choice pp. 47-78: Mark Ramseyer
Long-Term Contracts and Short-Term Commitment: Price Determination for Heterogeneous Freight Transactions pp. 79-111: Scott E Masten
Do Masculine Names Help Female Lawyers Become Judges? Evidence from South Carolina pp. 112-133: Patrick A. McLaughlin
Comparative Vigilance pp. 134-161: Ram Singh
Who Wins in Settlement Negotiations&quest pp. 162-208: Joseph Doherty
Crime and Expected Punishment: Changes in Perceptions at the Age of Criminal Majority pp. 209-248: Randi Hjalmarsson

Management Always Wins the Close Ones pp. 159-184: Yair Listokin
Defense Costs and Insurer Reserves in Medical Malpractice and Other Personal Injury Cases: Evidence from Texas, 1988--2004 pp. 185-245: William M. Sage
Does Post-Accident Drug Testing Reduce Injuries? Evidence from a Large Retail Chain pp. 246-302: Alexandre Mas
Bankruptcy Law and Entrepreneurship pp. 303-350: John Armour and Douglas J. Cumming
Evidentiary Standards and Information Acquisition in Public Law pp. 351-387: Matthew C. Stephenson
The Optimal Penalty for Sexually Transmitting HIV pp. 388-423: Andrew M. Francis and Hugo Marc Mialon
The Economics of US Civil War Conscription pp. 424-453: Tim Perri
Global Market Surveillance pp. 454-506: Sofia Johan

The Economics of the Bill of Rights pp. 1-60: Hugo Marc Mialon and Paul H. Rubin
How Important is State Enforcement for Trade&quest pp. 61-89: Peter T. Leeson
Interpreting Empirical Estimates of the Effect of Corporate Governance pp. 90-109: Yair Listokin
Case Dismissed: Police Discretion and Racial Differences in Dismissals of Felony Charges pp. 110-141: Jahn K. Hakes
Patent--Secret Mix in Complex Product Firms pp. 142-158: Elisabetta Ottoz and Franco Cugno

Guilt Shall Not Escape or Innocence Suffer? The Limits of Plea Bargaining When Defendant Guilt is Uncertain pp. 305-329: David James Bjerk
Tort Liability Litigation Costs for Commercial Claims pp. 330-369: Joni Hersch and W Kip Viscusi
Bundled Discounts, Leverage Theory, and Downstream Competition pp. 370-383: Abraham L. Wickelgren
Amended Final-offer Arbitration Outperforms Final-offer Arbitration pp. 384-407: Dao-Zhi Zeng
Successor Liability and Asymmetric Information pp. 408-434: Albert H. Choi

Do Harsher Prison Conditions Reduce Recidivism? A Discontinuity-based Approach pp. 1-29: Jesse M. Shapiro
Sidgwick's Utilitarian Analysis of Law: A Bridge from Bentham to Becker? pp. 30-47: Steven G. Medema
On Understanding the Increase in U.S. Patent Litigation pp. 48-71: Joseph P. Cook
An Economic Analysis of State and Individual Responsibility Under International Law pp. 72-134: Eric A. Posner and Alan O. Sykes
Is There An Expressive Function of Law? An Empirical Analysis of Voting Laws with Symbolic Fines pp. 135-159: Patricia Funk
A Bargaining Model of Holdouts and Takings pp. 160-174: Thomas Miceli and Kathleen Segerson
Optimal Discretion in the Application of Rules pp. 175-194: Steven Shavell
Should Legal Empiricists Go Bayesian? pp. 195-303: Jeff Strnad

The Economic Consequences of Accounting Fraud in Product Markets: Theory and a Case from the U.S. Telecommunications Industry (WorldCom) pp. 439-475: Gil Sadka
Profit Neutrality in Licensing: The Boundary Between Antitrust Law and Patent Law pp. 476-522: Stephen M. Maurer and Suzanne Scotchmer
Incomplete Contracts with Asymmetric Information: Exclusive Versus Optional Remedies pp. 523-561: Ronen Avraham and Zhiyong Liu
Uncovering Discrimination: A Comparison of the Methods Used by Scholars and Civil Rights Enforcement Officials pp. 562-614: Stephen Ross and John Yinger
Freakonomics: Scholarship in the Service of Storytelling pp. 615-626: John Enrico DiNardo

Prefatory Note pp. 181-182: Cecilia Elena Rouse
School Quality, Neighborhoods, and Housing Prices pp. 183-212: Thomas J. Kane, Stephanie K. Riegg and Douglas O. Staiger
Evaluating the Role of Brown v. Board of Education in School Equalization, Desegregation, and the Income of African Americans pp. 213-248: Orley Ashenfelter, William J. Collins and Albert Yoon
The Black-White Test Score Gap Through Third Grade pp. 249-281: Roland Fryer and Steven Levitt
Race, Income, and College in 25 Years: Evaluating Justice O'Connor's Conjecture pp. 282-311: Alan B. Krueger, Jesse Rothstein and Sarah Turner
Capitalizing on Segregation, Pretending Neutrality: College Admissions and the Texas Top 10% Law pp. 312-346: Marta Tienda and Sunny Xinchun Niu
Federal Oversight, Local Control, and the Specter of "Resegregation" in Southern Schools pp. 347-389: Charles T. Clotfelter, Jacob Vigdor and Helen F. Ladd
Social Background and Academic Performance Differentials: White and Minority Students at Selective Colleges pp. 390-409: Douglas S. Massey
Diversity and Discontent: The Relationship Between School Desegregation and Perceptions of Racial Justice pp. 410-436: Richard R. W. Brooks

Corporation and Contract pp. 1-19: Henry Hansmann
Playing It Safe with Low Conditional Fees versus Being Insured by High Contingent Fees pp. 20-32: Winand Emons
Information, Litigation, and Common Law Evolution pp. 33-61: Keith N. Hylton
Statistics of Legal Infrastructures: A Review of the Law and Finance Literature pp. 62-80: Nicholas L. Georgakopoulos
The Duel of Honor: Screening For Unobservable Social Capital pp. 81-115: Douglas W. Allen and Clyde G. Reed
Does the Threat of the Death Penalty Affect Plea Bargaining in Murder Cases? Evidence from New York's 1995 Reinstatement of Capital Punishment pp. 116-142: Ilyana Kuziemko
Pensions, Politics, and Judicial Tenure: An Empirical Study of Federal Judges, 1869--2002 pp. 143-180: Albert Yoon